The international market prices change situation analysis
( Industry news] Changes in the international market price of copper analysis mlship P since may, under the hype of speculative capital, international market prices to record highs. 6%. Since then, the 'roller coaster' phenomena of sharp fluctuations in copper prices, fell to the biggest since last year. London metal exchange (on May 19, ＬＭＥ） 6%, the biggest single-day rise; On the day of the New York mercantile exchange copper futures prices rose by 12%. At the end of may, the international copper prices remain at 8200 ~ 8300 dollars/ton. 57 times. 3%, increased by 149% than the same period last year. Represented by copper non-ferrous metal prices rise continuously, mainly affected by factors such as speculative buying, falling inventories. Since this year, the global economic situation is good, the demand to maintain steady growth, and copper consumption season 3 ~ 5 months. 49%. Therefore, the market for copper price is generally bullish, global speculative money aggressively into pushing prices higher. Since this year, the global money for speculative non-ferrous metals increased significantly. Now in the commodity market index fund investment of about 80 billion ~ 120 billion dollars, of which 15% or so into copper, aluminum and other metal market, the price has played a role. At the same time, also to prop up the price of copper inventories. 10000 tons, fell by 25% from a year earlier. Decline in addition, also is the main reason that prices are higher. From the movements of the late, speculative funds at present and no obvious signs of profit-taking, also hard to appear in the short term inventory increased dramatically, so still does not exclude the copper prices continue to rise up under the fund speculation and sharp fluctuations in May. But from the long term, the current copper price has significantly more than its real value, a month or two is expected to fall. However, it is difficult to rapidly emerging in alternative, Europe and the United States, demand growth as well as the exploration and production under the condition of cost increased, copper prices fell space is limited. Is expected to close to a period of time, the international market price of copper is still likely to remain high volatility.
3. What kind of wires and cables you could produce?
Our main products are Copper Conductor Power Cable, Aluminium Conductor Power Cable, Aerial Bundle Cable, Rubber Cable, Building Wire, Mineral Insulated Cable, LSZH Cable, Fire Resistant Cable, Electric Vehicle Charging Pile Cable, Control Cable and Special Cable.
6.How about the lead time?
For building wires, we have stock for immediate shipment. For the other cables or tailor-made order, it takes around 20-40 days for production depends on your specification and quantity after deposit received. And if you have urgent orders, we could discuss and try our best to shorten the delivery.
8.How does your company do regarding quality control?
The quality of our products is highly guaranteed. We selected high quality raw materials. Our workshops are equipped with advanced machines and test equipment, and our workers are highly experienced and committed. We strictly follow the international standards, industrial standards, enterprise standards and technical specifications stipulated in the contract.